AltMountain

LA Clay LLC

Flowood, MS · CIK 1952510
Status: no Form D since Oct 2022. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

LA Clay LLC is a private investment fund based in Flowood, Mississippi. Its most recent Form D, filed Oct 31, 2022, reports no sales yet. The minimum investment it accepts from an outside investor is $20,000. It relies on the Section 3(c)(1) exclusion, which limits it to 100 beneficial owners, typically accredited investors. The offering uses Rule 506(b), which does not permit general solicitation. Related persons named in the filing include Magnolia Mining Management, LLC.

Total raised
$0Cumulative sales reported on Form D
Investors
0
First sale
—
Minimum investment
$20,000
Who can invest
Accredited investorsSection 3(c)(1): up to 100 beneficial owners
Offering exemption
Rule 506(b)No general advertising
Key people and entities
Magnolia Mining Management, LLC
Latest Form D
Oct 31, 2022

From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction

Questions about LA Clay LLC

What is the minimum investment for LA Clay LLC?

According to its latest Form D, filed Oct 31, 2022, the minimum investment LA Clay LLC accepts from an outside investor is $20,000.

Who can invest in LA Clay LLC?

LA Clay LLC is generally open only to accredited investors, and it may have no more than 100 beneficial owners because it relies on Section 3(c)(1). It uses Rule 506(b), which does not allow general advertising.

How much has LA Clay LLC raised?

LA Clay LLC's latest Form D, filed Oct 31, 2022, reports no sales yet.

Where is LA Clay LLC based?

LA Clay LLC is based in Flowood, Mississippi.

Size compared with every private investment fund

This fund hasn't reported any sales yet.

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